Drucie Labor Union: What It Is, Its History, and Examples What was the first labor union? The first labor union in the United States was the Philadelphia Carpenters’ Company, established in 1724. The union was formed in response to a wage dispute between the carpenters and their employers. The carpenters went on strike and demanded a … Read more
A qualified automatic contribution arrangement (QACA) is a workplace retirement savings plan that automatically enrolls employees and makes regular contributions on their behalf. Employees can opt out of the plan if they wish, but most do not. The contributions are made to a 401(k), 403(b), or 457 plan, and are invested in a variety of … Read more
Carve-out: Definition and Business Strategy Meaning and example of Carve-out What is carve-out in healthcare? Carve-out in healthcare refers to the process of separating a particular business unit or line of business from a larger organization. This can be done for a variety of reasons, such as to make the organization more efficient, to focus … Read more
